JPM vs LEO: Which Is the Better Dividend Stock?
As of Nov 5, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. LEO offers the higher yield at 5.98%, JPM has the higher dividend-safety score, and LEO looks like the better value (its fair-value estimate is 33% above its share price).
Key facts: JPM vs LEO
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, BNY Mellon Strategic Municipals, Inc. (LEO) has the higher forward dividend yield at 5.98%, versus 1.87% for JPMorgan Chase & Co. (JPM).
- As of Nov 5, 2026, SmarterDividends grades JPM's dividend safety A (82/100) and LEO's C (53/100).
- By SmarterDividends' count as of Nov 5, 2026, JPM has raised its dividend for 15 consecutive years and LEO for 1.
- As of Nov 5, 2026, JPM pays out 26% of its earnings as dividends and LEO pays out 137%.
- As of Nov 5, 2026, JPM's fair-value estimate is 7% above its share price and LEO's fair-value estimate is 33% above its share price, so LEO looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "JPM vs LEO: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/jpm-vs-leo
| Metric | JPM | LEO |
|---|---|---|
| Forward yield | 1.87% | 5.98% |
| Annual dividend | $6.60 | $0.36 |
| Payout ratio | 26% | 137% |
| Years of growth | 15 yr | 1 yr |
| 5-yr dividend growth | 9.0% | -9.4% |
| 5-yr total return | 112% | -29% |
| Dividend safety score | 82 (A) | 53 (C) |
| Fair value estimate | $364.60 | $8.01 |
| Upside to fair value | +7% | +33% |
| Frequency | quarterly | monthly |
| Market cap | $906.8B | $373.8M |
| P/E ratio | 14.3 | 30.0 |
Higher yield
LEO
5.98%
Safer dividend
JPM
Grade A
Faster growth
JPM
9.0%
Better value
LEO
+33% upside
JPM vs LEO — FAQ
Is JPM or LEO a better dividend stock?
On the data, JPM wins more head-to-head categories (6 vs 2). LEO offers the higher yield (5.98%), while JPM has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, JPM or LEO?
LEO has the higher forward dividend yield at 5.98%, versus 1.87% for JPM.
Is JPM or LEO safer?
JPM has the higher dividend-safety score (82/100 vs 53/100), reflecting stronger payout coverage and dividend-growth history.
Is JPM or LEO better value right now?
As of Nov 5, 2026, LEO looks like the better value: its fair-value estimate is 33% above its share price (undervalued). For JPM, its fair-value estimate is 7% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.